5618 Bridgegate DrSpringTX77373
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Spring at 5618 Bridgegate Dr, Spring, TX, 77373 priced at $229,847 pairs $2,335/mo rent with $669/mo cash flow after a $1,125/mo payment. Total monthly income equals $2,335/mo, and annual cash flow comes to $8,031/yr on $76,194 invested. Return on cash invested is 30.45% in year one, and rental yield stands at 12.19% on a $229,847 basis. Equity gained on principal adds $1,483/yr, and 5% annual appreciation accumulates to $63,502 by year five. Five-year ROI measures 160.79% and total cumulative return in cash reaches $122,515. For financing, Ziffy Mortgage’s DSCR program evaluates $2,335/mo property income against a $1,125/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
7,100 sqft lot
$N/A/sqft
$375 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77373, Spring, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,265 (100%) |
| Owner Occupied HU | 18,365 (69.9%) |
| Renter Occupied HU | 6,633 (25.3%) |
| Vacant Housing Units | 1,267 ( 4.8%) |
| Median Home Value | $258,193 |
| Average Home Value | $296,393 |
Housing Distribution
Address Breakdown
Residential
25,827
Single Family
23,355
Multi-Family
2,472
Businesses
998
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Listed by: Heather Carlile • Blavesco, LTD Heather Carlile
Mls Name: HAR
Mls Provider:
Mls ID: #33765813
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